R. Eric Reidenbach , Robert E. Pitts
Physical
AvailableCustomer-Centric Approach: Successful bank marketing involves understanding and addressing the needs and preferences of customers. Building relationships and providing value to customers are key.
Market Segmentation: Effective marketing strategies often include segmenting the market based on various criteria such as demographics, behavior, or needs. This allows for more targeted and personalized approaches.
Digital Transformation: The book may emphasize the importance of adapting to the digital landscape, incorporating technology into marketing strategies, and meeting customers where they are in terms of digital channels.
Brand Management: Establishing and maintaining a strong and trustworthy brand is crucial for banks. Strategic planning may involve defining the bank's brand identity and ensuring consistent messaging.
Regulatory Compliance: Given the regulated nature of the banking industry, strategic planning likely addresses compliance with financial regulations and ethical considerations.
Product and Service Innovation: Strategic planning may encourage banks to continuously innovate their products and services to stay competitive and meet evolving customer needs.
Integrated Marketing Communications (IMC): Coordinating various marketing channels to deliver a consistent and coherent message is likely an essential aspect of strategic planning.
Competitive Analysis: Understanding the competitive landscape helps in formulating effective marketing strategies. This includes analyzing the strengths and weaknesses of competitors.
Customer Experience: Creating a positive and seamless customer experience is likely a key focus. Strategic planning may involve initiatives to enhance customer satisfaction and loyalty.
Data Analytics: Utilizing data analytics for market research, customer insights, and decision-making is likely emphasized in the context of strategic planning for bank marketing.
Language | English |
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ISBN-10 | 0835904083 |
ISBN-13 | 9780835904087 |
No of pages | 245 |
Font Size | Medium |
Book Publisher | Prentice Hall |
Published Date | 01 Dec 1985 |
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